Super Hi International (NASDAQ:HDL) Reaches New 52-Week Low – Here’s What Happened

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $12.25 and last traded at $12.13, with a volume of 1624 shares traded. The stock had previously closed at $12.58.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Super Hi International in a research report on Friday, March 27th. Zacks Research raised shares of Super Hi International from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Super Hi International presently has a consensus rating of “Reduce”.

Super Hi International Trading Down 3.6%

The company has a market capitalization of $788.81 million, a P/E ratio of 20.22 and a beta of -0.16. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.28 and a current ratio of 2.54. The stock has a fifty day moving average of $13.72 and a 200 day moving average of $15.43.

Super Hi International (NASDAQ:HDL) last released its quarterly earnings results on Friday, May 15th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.16). The company had revenue of $225.93 million for the quarter, compared to the consensus estimate of $215.58 million. Super Hi International had a net margin of 3.29% and a return on equity of 7.38%. As a group, equities research analysts anticipate that Super Hi International Holding Ltd. Unsponsored ADR will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HDL. Bank of America Corp DE bought a new position in shares of Super Hi International during the 4th quarter valued at approximately $52,000. XY Capital Ltd bought a new stake in Super Hi International during the 3rd quarter worth approximately $186,000. Finally, Jane Street Group LLC raised its stake in Super Hi International by 26.5% during the 4th quarter. Jane Street Group LLC now owns 21,302 shares of the company’s stock worth $342,000 after acquiring an additional 4,457 shares during the period.

Super Hi International Company Profile

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.